Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.041%
Price spread now: BloFin against Phemex−0.015%59s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.015%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.036% cheaper against Phemex than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SAMSUNGUSDT | 205.42 | 0 | get 0.0000% / 8h | 5h 25m | $2.7M | $1.2M | 10x |
| Short | BloFin SAMSUNG-USDT | 205.39 | −0.0048 | pay 0.0024% / 4h | 1h 25m | $329K | $221K | 25x |
Phemex SAMSUNGUSDT
BloFin SAMSUNG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.18
- Price spread: −0.015% → +0.021%
- −$3.6
- Slippage, 4 orders
- −$77.38
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.17
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; BloFin: live order book, 15 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 3 min ago | 1.95 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 0.24 bp | 7.6 bp −$8 | 9.1 bp −$91 | 24.8 bp −$2,482 | doesn't fit |
SAMSUNG on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMSN | −0.0416% | 1h | 205.43 | +0.005% | $43.1M | $46.2M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0338% | 4h | 205.36 | −0.027% | $252K | $396K | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | −0.0321% | 1h | 205.42 | +0.002% | $47K | $16K | 20x | as long as short |
| Bybit SAMSUNGUSDT | −0.0270% | 8h | 205.43 | +0.005% | $7.5M | $15.8M | 100x | as long as short |
| BloFin SAMSUNG-USDTshort | −0.0048% | 4h | 205.39 | −0.015% | $329K | $221K | 25x | |
| Aster SAMSUNGUSDT | 0.0000% | 4h | 205.67 | +0.120% | $104K | $146K | 50x | as long as short |
| Extended SAMSUNG-USD | 0.0000% | 1h | 205.44 | +0.008% | $193K | $82K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 205.48 | +0.029% | $23.1M | $150.6M | 25x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 205.35 | −0.034% | $6.0M | $22.9M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.60 | +0.088% | $9.6M | $24.1M | 75x | as long as short |
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
Kraken Futures PF_SAMSUNGUSD
Bybit SAMSUNGUSDT
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 205.60 | +0.088% | $4.4M | $15.1M | 20x | as long as short |
| GRVT SAMSUNG_USDT_Perp | 0.0000% | 4h | 205.50 | +0.039% | $25K | $159K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.47 | +0.024% | $1K | $1.0M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 205.45 | +0.015% | $74K | $107K | 20x | as long as short |
| Phemex SAMSUNGUSDTlong | 0.0000% | 8h | 205.42 | long leg | $2.7M | $1.2M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 205.44 | +0.010% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 205.47 | +0.024% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 205.25 | −0.083% | $316K | $268K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 205.54 | +0.058% | $83K | $55K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 205.61 | +0.092% | $563K | $109K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 205.43 | +0.005% | $5K | $141K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.54 | +0.058% | $3K | $488 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0280% | 1h | 205.56 | +0.066% | $33K | — | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | +0.0496% | 1h | 205.43 | +0.003% | $813 | $31K | 5x | as long as short |
Bitget SAMSUNGUSDT
GRVT SAMSUNG_USDT_Perp
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Ondo Perps SMSN-USD.P
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP
Aftermath Perps SAMSUNGUSD